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The Question And Answer China Watch Clock Movement Industry Development
Apr 20, 2018

The average growth rate of the Chinese clock  movement industry is 30%. The development space of the watch market is large

With the rapid development of China's commercial economy, China's watch business market has undergone tremendous changes: many international brands of watches and clocks come one after another, domestic clocks and watches are also brands, clocks and watches have been a simple timing tool to meet the consumer's fashion needs and spiritual needs Therefore, domestic consumers have more choices and the competition in the Chinese clock and watch market has become increasingly fierce. The rapidly growing Chinese watch market has become an important market for watches and clocks in the world. It is like a rising sun and has a strong and strong development momentum.

In order to comply with this change, the watch and clock business industry has embarked on a standardized, orderly and healthy development track in a highly competitive market environment, weaving the ties of cooperation between watches and clocks business enterprises, and establishing watch retailing companies and agents. The communication and coordination platform for watch brand enterprises has set up a bridge between the watch industry and the government to seek understanding and support. The China Business Enterprise Management Association formally decided to set up a branch directly under the “China Business Enterprise Management Association Watch Business Enterprise Management Committee”.

Interview with Mr. Fang Ping, Secretary-General of the Management Committee of China Business Enterprise Management Association.

Q: What is the background of the establishment of the China Business Enterprise Management Association Watch Business Enterprise Management Committee?

A: Since 2000, foreign watch brands have entered the Chinese market in large numbers. The rise of the local market has developed rapidly. The luxury watch has become a symbol of status and is a type of show. In this case, the watch industry needs standardized management.

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Q: What is the status of the domestic watch industry at present? Can you talk about the main tasks of the association's future development?

A: Quality control, maintenance, can not keep up with development needs. Today, the chief retailers at home and abroad are invited to the event site, which is a gathering of important figures in the watch industry.

Q: What changes have taken place in the clock movement industry in China in recent years? What are the industry trends?

A: With the rise of 30% of sales in 2000, the watch market has a lot of room for development.

Q: What is the specific situation of China's domestic watch industry's market growth in recent years?

A: The average growth rate for the past 2000 years is about 30%. There is still a lot of room for growth in the future. The characteristics of Chinese people's hobby watches determine the prospects for the development of the clock and watch movement market.

Q: How large is the industry currently, and what is the growth situation?

A: In 2011, the retail sales of watches and clocks in mainland China were nearly 40 billion yuan, and the average annual growth from 2000 to 2011 was about 30%.

Q: What are the difficulties?

A: The watch industry has developed rapidly over the past decade, but management is relatively weak. Honest business, fair competition, business management, quality control, talent training, and after-sales service have encountered problems.

Q: What problems will the association set up solve?

A: Help the clock and watch movement business industry to solve the problems encountered in credit management, fair competition, business management, quality control, talent training, and after-sales service.

The overall goal of this Council's work is to guide the clock commercial enterprises to observe laws and regulations and safeguard their own legitimate rights and interests; to standardize the development of the clock market, establish and perfect the rules and regulations of the clock and watch circulation industry; to create a fair, just, harmonious and standardized business environment; to strengthen the clock business enterprises Communicate with, communicate with, and cooperate with governments, domestic and foreign companies and organizations; cultivate and bring up watch business entrepreneurs; promote the modernization of clock business enterprises; promote and promote economic cooperation and cooperation among clock business enterprises.


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